Pay gaps also persist for college graduates of color. On average, college women today expect to earn 0.5% less than men in their first jobs – but, within 10 years of graduation, that gap widens to 4.3%. Real Estate Witch found that college women reported having lower salary expectations than their male peers over time.
Ten years into their careers, the surveyed college students expect to make $200,270 – but, in reality, the average salary is $132,497, according to online job search and employer review site Glassdoor. Overestimates also persisted in undergrads' outlook for mid-career earnings. Journalism students, for example, expected 139% more than the median journalist’s starting salary – projecting to make $107,040 one year after graduating while the average salary is actually $44,800. Real Estate Witch found that undergrads studying journalism, psychology and liberal arts were the most likely to overestimate their future pay. Previous COVID years: The economy needs millions of workers. Workplace: Asian employees feel least included at work of any group including Black and LGBTQ workers It's the cost of living: Why would college grads expect more than $100,000 to start? Then, employers projected increases in all reported categories of majors at the bachelor’s degree level, and now we’re seeing some majors lose ground in terms of starting salaries,” Shawn VanDerziel, NACE executive director, said in a statement. “This is unlike what we saw last year at this time. In contrast, estimates for humanities majors marked an average salary of $50,681. Meanwhile, humanities majors saw a salary decrease of 14.8% and communications majors saw a drop of 4.7%.Ĭomputer science majors were projected to be the highest paid group, with an average salary of $75,900 in 2022, according to NACE. Most fields saw increases – with salaries for those majoring in math & sciences, and agriculture & natural resources, rising 5.4%. In NACE's salary projections from February, estimates for this year's college graduates were mixed. So far, however, Real Estate Witch's survey, conducted online with 1,000 students March 23-26, found that only 15% of students graduating in 2022 have accepted a job offer. A report by the National Association of Colleges and Employers found that employers plan to hire 31.6% more new graduates from the class of 2022 than they hired from the class of 2021. Job prospects for the class of 2022 are higher than in recent years. And 1 in 3 worry that they won't make enough money to live comfortably after graduation. The survey, conducted by Real Estate Witch, found that, across all majors and institutions, undergraduate students overestimate their starting salaries by 88%.
But the reality is much lower – as the average starting salary is actually about half that at $55,260, statistics show. No new material may be introduced at these sessions and no exams may be given on Reading Days except to second-semester seniors.Today's college students expect to make about $103,880 in their first post-graduation job, a survey suggests. Classes at Scripps are suspended for fall Reading Days, and suspended at the 5Cs for spring Reading Days, but professors may hold study sessions, critique sessions, or reviews. *Thursday and Friday of the last week of classes each semester are normally designated as Reading Days. (Graduates) Residence Hall & College Housing Closure (Non-Graduates) Residence Hall & College Housing Closure Reading days* (Thurs-Fri) no classes in sessionįinal exams and end of spring 2023 semester Spring Break (Sat through the following Sun) Last day to add a class fees irreversible after this date (Exception: Feb 16 fee refund date). Reading Days* (Thurs-Fri) – no classes held at Scrippsįinal Exams (Mon-Fri) and end of fall 2022 semesterįall 2022 grades visible to students on the portal Last day to withdraw from a course or request credit/no credit or audit grading Pre-registration for spring 2023 (Tues-Thurs) Senior Major/Minor Forms due to Registrarĭeadline to notify Registrar’s Office of return from leave in order to participate in pre-registration for spring 2023 Spring 2023 schedule visible on the Portal Labor Day (observed) no classes in sessionĭeadline to add a class all course fees finalįall Break (Sat-Tues) no classes in session
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